PPP Loan information for American connecting source inc

$1,060,300

American connecting source inc was initially approved for PPP Loan of amount $1,127,100, the current approved amount is $1,060,300. The loan was approved on 04/06/2020 by The HomeTrust Bank reported 127 jobs and $1,060,300 was used to fund payroll.

American connecting source inc is Existing or more than 2 years old

AMERICAN CONNECTING SOURCE INC

Date Approved

04/06/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

AMERICAN CONNECTING SOURCE INC

Borrower Address

950 Scales Rd Ste 200

Borrower City

SUWANEE

Borrower State

GA

Borrower Zip

30024-1828

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1127100.00

Current Approval Amount

1060300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77468

Servicing Lender Name

HomeTrust Bank

Servicing Lender Address

10 Woodfin St

Servicing Lender City

ASHEVILLE

Servicing Lender State

NC

Servicing Lender Zip

28801-3022

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SUWANEE

Project County Name

GWINNETT

Project State

GA

Project Zip

30024-1828

CD

GA-09

Jobs Reported

127

NAICS Code

525990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

795225.00

Mortgage Interest Proceed

0.00

Rent Proceed

265075.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

77468

Originating Lender

HomeTrust Bank

Originating Lender City

ASHEVILLE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1070903.00

Forgiveness Date

04/09/2021

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